Golf Clubs; Complete Price in New Zealand - 2023

Contents:

  1. Golf Clubs; Complete Price in New Zealand (CIF) - 2022
  2. Golf Clubs; Complete Price in New Zealand (FOB) - 2022
  3. Golf Clubs; Complete Imports in New Zealand
  4. Golf Clubs; Complete Exports in New Zealand

Golf Clubs; Complete Price in New Zealand (CIF) - 2022

In 2022, the average golf clubs; complete import price amounted to $112,710 per ton, reducing by -10.2% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 an increase of 23% against the previous year. Over the period under review, average import prices hit record highs at $125,504 per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($112,714 per ton) and the United States ($112,711 per ton), while the price for Taiwan (Chinese) ($112,706 per ton) and Vietnam ($112,707 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Golf Clubs; Complete Price in New Zealand (FOB) - 2022

The average golf clubs; complete export price stood at $132,486 per ton in 2022, jumping by 21% against the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 77% against the previous year. The export price peaked at $220,408 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($132,549 per ton), while the average price for exports to Australia ($132,085 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Golf Clubs; Complete Imports in New Zealand

In 2022, approx. 154 tons of golf clubs; completes were imported into New Zealand; increasing by 49% compared with the previous year. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, golf clubs; complete imports soared to $17M in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Golf Clubs; Complete in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.44.47.69.038.3%
United States1.61.82.23.226.0%
Australia1.61.72.32.516.0%
VietnamN/A0.20.11.0123.6%
Japan0.20.50.61.071.0%
Taiwan (Chinese)N/AN/A0.10.4300.0%
Others0.1N/AN/A0.226.0%
Total6.98.612.917.335.9%

Top Suppliers of Golf Clubs; Complete to New Zealand in 2022:

  1. China (79.7 tons)
  2. United States (28.0 tons)
  3. Australia (22.3 tons)
  4. Japan (9.3 tons)
  5. Vietnam (9.2 tons)
  6. Taiwan (Chinese) (3.5 tons)

Golf Clubs; Complete Exports in New Zealand

Golf clubs; complete exports from New Zealand dropped rapidly to 6.9 tons in 2022, which is down by -21.7% on 2021. In general, exports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 78% against the previous year. As a result, the exports reached the peak of 8.8 tons, and then plummeted in the following year.

In value terms, golf clubs; complete exports reduced to $908K in 2022. Over the period under review, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year.

Export of Golf Clubs; Complete in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea991524915842-5.3%
FijiN/A0.64.325.6553.2%
Australia4.634.87.514.044.9%
Others6.611.331.426.558.9%
Total1,002570958908-3.2%

Top Export Markets for Golf Clubs; Complete from New Zealand in 2022:

  1. South Korea (6.4 tons)
  2. Fiji (0.2 tons)
  3. Australia (0.1 tons)
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